Working Waterfront
Federal flood insurance evolved, but not for the best
[caption id="attachment_24986" align="alignleft" width="300"] The King Tide in Camden.[/caption] In the February/March issue of The Working Waterfront, Peter Neill of the World Ocean Observatory suggested using flood insurance premiums to reduce risk instead of repeatedly rebuilding damaged structures (“Rethinking insurance as investment, not pay-out”). The concept of diverting insurance premiums… SEE MORE